625-627 Celeste St, New Orleans, LA 70130

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List Price
$1,960,200
MLS#
2499014
Status
ACTIVE
Type
Commercial
Stories
3
Parish
Orleans

Property Description

Positioned in the rapidly expanding Riverfront Development corridor, this exceptional mixed-useproperty offers a rare chance to acquire a versatile office and warehouse asset in a high-growtharea. Strategically located just blocks from the Riverfront and directly across from Walmart, thesite spans three street frontages along Celeste, Felicity, and St. Thomas Streets, providingexcellent accessibility and visibility. Key features include:The property features a total 42,653 SF gross building areaon a 30,636 SF parcel, zoned MU-2, allowing for a wide range of commercial andredevelopment possibilities. The 25,252 SF three-story office building has been thoughtfullymodernized, blending historic character with contemporary finishes. Highlights include exposedbrick walls, high ceilings, and a flexible layout with private offices and open workspaceconfigurations. The third floor offers additional partially built-out space, ideal for expansion orcustomization. Complementing the office space is a 13,270 SF warehouse, designed foroperational efficiency and adaptability. It includes a ramp-access roll-up door from St. ThomasStreet, two additional roll-up doors, a spacious loading dock along Celeste Street, and ceilingheights ranging from 11'4" to 19'4". This space is well-suited for warehousing, distribution,interior parking, or future office conversion. The property also includes a 4,380 SF gatedparking lot with 12 marked spaces, enhancing convenience for tenants and visitors. With itsflexible zoning, strong location fundamentals, and income-generating potential, this asset is idealfor investors, developers, or owner-users seeking immediate utility with long-term upsidethrough redevelopment or expansion.

Additional Information

Sewer
Public Sewer
Water
Public

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Listing courtesy of Z Group, LLC.

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